Operational Risk Management Analyst @ Interswitch Group

Analyst, Operation/Production
Lagos, Nigeria
November 5, 2024
Hybrid
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Job Description

Jobs in Lagos, Nigeria.

Key Responsibilities

  • Support the implementation of Enterprise/Operational Risk Management process & programs.
  • Conduct Enterprise Risk Assessments on Business and Support Groups and as required to support the requirements of Regulators or adopted Certification Standards.
  • Works with Business and Support Groups to ensure the development of the Risk Register, RCSA, and continuous update of the Risk Register as the business environment changes.
  • In Collaboration with Business Groups, design and develop controls to mitigate identified risks.
  • Ensures Risk Assessments of newly developed processes are conducted before they are signed off by their Owners.
  • Update the Risk Register with the new details of the risk assessment.
  • Develops Key Risk Indicators (KRI) for proactive monitoring of risks across Business Groups.
  • Develops and ensures the implementation of Risk Management Policies and Processes
  • Conducts Product-Level Risk Assessment on existing and new products and Services; ensures concerns raised are owned and addressed before Go-Live.
  • Develops risk awareness presentation and conducts same across Business Groups to promote and raise risk management culture and awareness in the organization.
  • Monitors and Reports Operational losses, Claims, and Refunds; Engages concerned Business groups to perform root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring in the future.
  • Supports Business Groups to review Systems and Processes for adequacy of controls as documented in policies and processes in line with best practice.
  • Ensures continuous monitoring of security pledges and timely reporting on the Bank’s exposures.
  • Develop monthly Enterprise Risk Management reports
  • Offers expert opinion in an advisory capacity to Business Groups.

Educational Qualification & Experience

  • A First Degree in a numerate discipline – Economics, Science, Engineering, Mathematics, Data Analytics etc.
  • Minimum of 5 years of relevant experience in Operational Risk Management in Technology, Financial or Payment industries.
  • Completion of at least two of the following professional qualifications – ISO31000, CRISC, CORM, CRA, CISM.

Skills:

  • Enterprise Risk Assessment
  • Control Design & Testing Techniques
  • Loss Data Management
  • Business Process Improvement
  • Industry Knowledge and Collaboration
  • Risk Framework and Methodologies.

Source: From Company Career Portal/Other Job Boards

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